2024

Developers rely on user purchases, seeking simpler, accessible payment plans. Dubai developers pivot towards end-user buyers, emphasizing a 1% payment option amid peak mortgage rates. This strategy aims to attract buyers in a challenging market environment, fostering increased property sales. In 2024, Dubai's property market is witnessing a notable shift with the emergence of the 1 per cent monthly...

  Arada, a prominent developer, has successfully acquired a prime land plot in Zaabeel 2 valued at AED600 million from Rital Properties, the real estate arm of Emirates NBD Properties. The strategic location in Zaabeel 2 is earmarked for a prestigious 50-floor luxury residential tower, signaling a major expansion for Arada. The plot spans 138,466...